Stakeholders’ Expectation and Environmental Accounting Practices of Listed Manufacturing Firms in Nigeria

Abstract

The study investigates the expectation of stakeholders’ regarding environmental accounting practices with a view to examine the effect of stakeholders’ expectations on environmental accounting practices. The study used survey research design and employed purposive sampling technique. Data were analyzed using descriptive and inferential statistics. Regression was used to analyze data on the effect of stakeholders’ expectation on environmental accounting practices of the listed manufacturing firms. The results of the study revealed that environmental objectives and policies, occupational health and safety, compliance obligation, and company environmental culture are statistically significant to environmental accounting practices as their individual probability values are greater than 5% and their t-values are greater than 2. Only Product Risk and Opportunities is not statistically significant. Based on the study findings, it is concluded that stakeholder’s expectations is related and has effect on environmental accounting practices of firms. The study recommends that listed manufacturing firms should make effort to ensure that the expectations of stakeholders are met in their environmental management system and environmental information is communicated to their stakeholders to create awareness about the firms’ environmental practices. 

Suggested citation

A. Olaleye , O. Igbekoyi (2024). Stakeholders’ Expectation and Environmental Accounting Practices of Listed Manufacturing Firms in Nigeria Koozakar Proceedings, 1(1). https://doi.org/10.69798/11970512

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